The iconic Toyota MR2 is rumored to make a thrilling comeback in 2026, potentially as the last internal combustion engine sports car from the Japanese automaker. While initial speculation suggested an all-electric powertrain based on the FT-Se concept, recent reports indicate a different direction.
Toyota is reportedly planning a sports car revolution, starting in 2025 with new versions of the GR Supra and GR86. The revival of the MR2, discontinued in 2007, is expected to follow in 2026. Instead of following the fully electric route of the FT-Se concept showcased at the Japan Mobility Show, the new MR2 is rumored to embrace a more traditional approach.
A Powerful Heart: The GR Yaris Engine
According to Japan’s Best Car magazine, the 2026 MR2 will likely feature a mid-mounted engine based on the potent GR Yaris powerplant. This rally-bred, 1.6-liter, turbocharged, 3-cylinder engine delivers an impressive 320 hp. This choice signifies a commitment to the MR2’s legacy as a driver-focused sports car.
Styling Inspired by a Legend: Echoes of Ferrari
The second-generation MR2, launched in 1989, earned the nickname “Poor Man’s Ferrari” due to its resemblance to the Ferrari 308 GTB. The 2026 MR2 is rumored to draw inspiration from this heritage, incorporating styling cues reminiscent of the Ferrari 296 GTB and Lotus models.
This design direction allows for a more aggressive and distinctive aesthetic, setting it apart from the more subdued FT-Se concept. The mid-engine layout provides designers with greater freedom to sculpt a dynamic and visually striking body.
Exclusivity and Performance: Limited Production by GRMN
The 2026 MR2 is anticipated to be produced in limited numbers by Toyota’s in-house GRMN studio (Gazoo Racing tuned by Meister of Nurburgring). This approach will enhance exclusivity and justify a higher price tag, rumored to be over $65,000. The GRMN involvement ensures a focus on performance tuning and meticulous craftsmanship.
A Last Hurrah for Internal Combustion?
The revival of the MR2 with a traditional combustion engine could mark Toyota’s final foray into this technology for its sports car lineup. As the automotive industry shifts towards electrification, the 2026 MR2 might represent a last hurrah for gasoline-powered performance in a Toyota sports car. This potential last stand makes the MR2’s return even more significant for enthusiasts of classic sports car engineering. The rumored specifications suggest a compelling blend of performance, heritage, and exclusivity, making the Toyota MR2 2026 a highly anticipated release.
